Financing Solutions

Residential Loan Program Partners

We can arrange for the best financing options through our partners at these links:

Amercan Savings Clean Energy Loan

Bank of Hawaii Equity Loan

First Hawaiian Energy Smart Loan

DSIRE Low Income Loans

Central Pacific Bank PV Power Loan

SolarWorld Freedom Plan


Greater Access to Clean Energy Improvements

The Green Energy Market Securitization Program (GEMS) is an innovative, sustainable green financing initiative designed by the Hawaii State Energy Office to make clean energy improvements more affordable and accessible for Hawaii consumers. The program, signed Act 211 into law on June 27, 2013 by Governor Neil Abercrombie, provides low-cost capital to finance solar photovoltaic systems and other clean energy improvements for those who may otherwise have difficulty obtaining financing for these projects. Low-credit homeowners and renters, as well as nonprofits are among those who will qualify for project financing through GEMS.

Ultimately, GEMS has the ability to finance the installation of over 44 MWs of energy, assisting as many as 30,000 underserved Hawaii consumers, greatly reducing their energy expenses and advancing Hawaii’s aggressive clean energy mandates.

GEMS is a Financing Program, Not a Rebate Program

GEMS utilizes two, unique financing structures to provide low-cost financing that enables consumers to invest in clean energy installations.

The first is a rate reduction bond structure to capitalize the program. GEMS is the premier example of rate reduction bonds used to finance residential and commercial clean energy infrastructure. On-bill repayment is the second financing structure used by GEMS. Consumers pay for energy-saving devices made over time through their electricity bill and their energy savings. This financing tool, developed in partnership with the Public Utilities Commission and the investor owned utility, enables deployment partners to lend to riskier borrowers while also mitigating associated risk.

Together, these financing structures allow GEMS to be more inclusive and self-sustaining